Skip to main content

Bitgoals: A decentralized platform built on blockchain and adopts the use of smart contract to harness the sports industry



Image result for bitgoals bounty
I welcome you my readers to yet another amazing edition of my article reviews, just like you all know, I do my research and write on important projects that I find amazing and worthwhile.
However, in this edition of my article review, I will be focusing my full attention on a very important project known as BITGOALS. Now if you are a sports fan or an individual that enjoys participating in sports activities, this project is a goal for you.
The sports industry is one of the fast-growing sectors of the world's ecosystem, the size of the regulated global online betting(gambling) market as of 2016, was estimated to be 45.86 (USD) billion and has grown far beyond that as of the time of writing this 56.05 (USD).
Currently, the sports industries are faced with a lot of errors, the level of competition amongst the fans of sport is totally very low. This errors plaguing the sports industry has resulted in the ill effective running of the sports ecosystem.
These problems as identifies ranging from lack of trust to cost rates. The issue of lack of trust has been one of the major errors plaguing the traditional sports industries and at times resulting in fear of a potential player to register with such system. They prefer the services of middlemen or shadowy bookmaker organization. These players preferring the services of shadowy bookmaker organization or middlemen results in high level of illegal sports betting and in some cases exposed to vulnerabilities of losing money.
In addition, when a player deposits into a gaming account which is controlled by a third party, cases of delays has been recorded which takes time to reflex in most cases fails to reflex. Withdrawal regulations are also one of the problems players encounter on daily basis.
These problems have been a very big obstacle yet individuals and technology in the industry failed to bring a permanent solution to these errors which resulted in the launching of the Bitgoals platform with the aim to change these rules and introduce transparency, fairness and liquidity to the world of sports.

Bitgoals overview

Image result for bitgoals bounty
Bitgoals is a platform uniquely designed and established to introduce sanity to the sports industry. Bitgoals automatically eliminates all these problems as mentioned above by introducing a decentralized environment. The unique features of Bitgoals will automatically shift the attention of players from the old illegal platform to this amazing and transparent system. The Bitgoals platform is built on the blockchain and adapts the use of smart contracts to ensure no one gets hold of results and jackpot payouts.

Why Bitgoals?

The team behind the establishment of Bitgoals aims to bring transparency, fairness, efficiency and security to players in the sports industry using smart contracts and blockchain technology. Bitgoals also offers a reward system for participants and the opportunity for players to support their favourite team.
The team aims to create an ecosystem where sports activities and its transactions are regulated by cryptographical verifiable code without the need for human intervention.

Vision

Sрееd uр the payout рrосеѕѕ and making transactions quick and easier.
Make thе jасkроt gеnеrаtiоn рrосеѕѕ and access to thе infоrmаtiоn аbоut it trаnѕраrеnt.
Eliminate the possibilities of frаud riѕk.
Anonymize the participation — eliminating the use of third party to store players data
Making the industry transparent as fast as possible and getting rid of thе hiddеn fееѕ аnd manipulations with the betting аnd рауоut аmоunt — the infоrmаtiоn on аll rеwаrdѕ iѕ рubliс.
Image result for bitgoals bounty
Bitgoals token overview (STP)
STP is the overall token that will be utilized on the Bitgoals platform which acts as a fuel in the ecosystem for rewarding players, as sports betting currency and lastly for payments on the platform.


Image result for bitgoals bounty

Conclusion

Personally, as a fan of sports and a lover of betting, this platform is a goal for everyone out there. Bitgoals platform will harness the industry and make betting more transparent and secured.
For more information, click on the links below
https://bitgoals.com/.
Website: LINKAnnouncement Thread: LINK
Whitepaper: LINKTwitter : https://twitter.com/BitGoals
Facebook : https://www.facebook.com/BitGoalsSTP
Telegram : https://t.me/BitGoals
Username: tochidavid
pofile link: https://bitcointalk.org/index.php?action=profile;u=2355893
ERC 20 Wallet: 0xc11e83C52160CDb5cC2c2C7013359B16049682D5

Comments

Post a Comment

Popular posts from this blog

Sportsfix

Just like I have taken it upon myself as a duty to provide your readers with useful information and keep you guys updated with the technological happening across the globe, today I present to you SPORTSFIX, a transparent decentralized sports streaming platform built on the blockchain technology for a more transparent and clearer sport experience for its users. So, if you are a sports fan, this information is a goal for you. Overview Sportsfix is a transparent decentralized live streaming platform for sports fan across the world. The sportsfix platform streams popular local, regional and international sports content. This platform is a revolutionary innovative digital sports content ecosystem which is built on the blockchain technology, integrating and decentralizing sports media rights. The digital stadium is the next generation over the top (OTT) platform which is powered by a token economy that makes it possible for sports fans to deeply connect with their favourite clubs, teams
Post a Comment
Read more

FanChain: moving the sports ecosystem forward

You are welcome to yet another mind-blowing edition of my article reviews. Just like you all know, I do my personal research and write about projects I find very attractive and important. In this edition of my article review, I will be giving out a brief overview of a very lucrative project known as fanchain. It may sound trite, but the world is constantly changing since the introduction of blockchain and its decentralized nature. This modification has affected outstanding industries in an exceedingly global scale and of course the sports industry in general. The emergence of blockchain has totally transformed the sports industry giving fans complete management of their mode of interaction with their favourite teams. As a sports fan you would angry with me it feels more enjoying having to debate concerning your favourite clubs’ leagues with a fellow fan than having to listen to commenters whom you can’t extremely communicate with. throughout major sports event, we tend to see a major
Post a Comment
Read more

IMAGINE A PLATFORM WERE YOU CAN TRADE ONLINE AND HAVE EVERYTHING DELIVERED AT YOUR DOOR STEP

Sounds good right? We are currently witnessing the highest number of revolution in our time[21st century]. Every activity has gone digital. We are in a computerized age where with the aid of your computer set or smartphone you can get everything done just staying at home. These development has brought about a lot of change in our generation, we have gone from analogue to digital and the marketing aspect is not also left out. Today people can be able to get goods online and at the same time pay but of course, this development also gave room for fraudsters to operate. The provision of a more secure platform where users can safely trade has failed. The online market trading platform has been turned into a danger zone. Foreign investors no longer feel safe, a lot of water has gone over the bridge and no one has been able to come up with a strong solution to these problems. However, the latest establishment of extradecoin has brought shining lights and hope to the online market again. we ar
Post a Comment
Read more